Someone Paid $10,000 for ChatGPT Ethereum Domain
An ENS domain name linked to ChatGPT has been sold on OpenSea for 6 WETH, which roughly translates to $10,000.
chatgpt.eth bought for 6.00 WETH (9,981.84 USD) on Opensea #ENS #Web3Names #EnsNames https://t.co/CBSEHnwZp1 pic.twitter.com/249hOwJVu7
— ENS Sales Bot 🤖 (@EnsSalesBot) February 7, 2023
As AI continues to be a hot topic, it appears that assets in the crypto space connected to the technology are also enjoying growth.
The ENS domain name, which was purchased by “ishmilly“, who also owns a few Bored Ape Yacht Club (BAYC) NFts has made waves in the crypto world due to the recent surge in interest in ChatGPT. The domain was previously owned by “LongDuck,” who also holds several other ENS domain names.
This latest development is just one example of individuals taking advantage of the ChatGPT frenzy that has been sweeping the world. With its popularity only set to increase, thanks to Microsoft’s integration of the AI service with Bing and Edge, tokens like SingularityNET have also seen a significant rise in value.
READ MORE: Visa to Test Stablecoin Payments
While ENS domain names associated with ChatGPT have received attention, overall interest in these domain names is low. According to data from Dune, new registrations, and addresses have been declining over the past few months, with a total of 2.7 million active ENS names.
However, there may be hope for growth in the future, as Ethereum Name Service recently teamed up with Coinbase to bring more user-friendly domain names to the platform.
Alexander Stefanov
Reporter at CoinsPress
Alex is Editor-in-Chief of Coinspress and co-founder of Millennial Media Group, with nearly a decade of experience covering financial markets - crypto first, then everything else. It started in 2016 with Bitcoin. Like most people at the time, he didn't fully understand it - so he kept digging. Blockchain, tokenomics, the projects, the cycles. That curiosity never stopped, and eventually pulled him into traditional markets too: equities, commodities, macro. Not because he left crypto behind, but because you can't properly understand one without the other. What drives him is straightforward: he wants to know why something is happening, not just that it's happening. Most market coverage stops at the headline - price up, price down, here's a chart. Alex finds that kind of reporting actively unhelpful. If you walk away from an article without understanding the mechanism behind the move, what did you actually learn? He holds a degree in Tourism from New Bulgarian University - not the most obvious path into financial markets, but markets have a way of pulling in people who are simply too curious to stay out. He has authored over 200 in-depth analyses and more than 10,000 articles across crypto and traditional finance. He still thinks every day in markets teaches him something new. That's probably why he hasn't stopped.
